| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
PEBK Overview
Peoples Bancorp of North Carolina, Inc. operates as a bank holding company for Peoples Bank that provides various commercial and consumer banking products and services to individuals and small to medium-sized businesses.
Peoples Bancorp of North Carolina Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$27.06 |
| 52 Week High | US$15.21 |
| 52 Week Low | US$29.69 |
| Beta | 0.95 |
| 1 Month Change | -3.60% |
| 3 Month Change | 9.42% |
| 1 Year Change | 62.33% |
| 3 Year Change | -6.66% |
| 5 Year Change | 44.78% |
| Change since IPO | 618.13% |
Recent News & Updates
Peoples Bancorp of North Carolina's (NASDAQ:PEBK) Dividend Will Be Increased To US$0.17
Peoples Bancorp of North Carolina, Inc. ( NASDAQ:PEBK ) will increase its dividend on the 15th of September to US$0.17...
Shareholder Returns
| PEBK | US Banks | US Market | |
|---|---|---|---|
| 7D | -3.4% | 0.9% | -0.6% |
| 1Y | 62.3% | 63.3% | 33.8% |
Return vs Industry: PEBK matched the US Banks industry which returned 63.3% over the past year.
Return vs Market: PEBK exceeded the US Market which returned 33.8% over the past year.
Price Volatility
| PEBK volatility | |
|---|---|
| PEBK Beta | 0.95 |
| Industry Beta | 1.37 |
| Market Beta | 1 |
Stable Share Price: PEBK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PEBK's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1912 | 304 | Lance Sellers | https://www.peoplesbanknc.com |
Peoples Bancorp of North Carolina, Inc. operates as a bank holding company for Peoples Bank that provides various commercial and consumer banking products and services to individuals and small to medium-sized businesses. It offers checking, savings, money market, and time deposits; demand deposits; and certificates of deposit. The company’s loan products comprise commercial real estate, commercial, construction and land development, single-family residential, residential mortgage, and individual taxpayer identification number mortgage loans, as well as agricultural loans.
Peoples Bancorp of North Carolina Fundamentals Summary
| PEBK fundamental statistics | |
|---|---|
| Market Cap | US$156.65m |
| Earnings (TTM) | US$15.17m |
| Revenue (TTM) | US$69.32m |
10.3x
P/E Ratio1.1x
P/B RatioIs PEBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PEBK income statement (TTM) | |
|---|---|
| Revenue | US$69.32m |
| Cost of Revenue | US$0 |
| Gross Profit | US$69.32m |
| Expenses | US$54.16m |
| Earnings | US$15.17m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.62 |
| Gross Margin | 100.00% |
| Net Profit Margin | 21.88% |
| Debt/Equity Ratio | 32.1% |
How did PEBK perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield24%
Payout RatioValuation
Is Peoples Bancorp of North Carolina undervalued compared to its fair value and its price relative to the market?
33.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PEBK ($27.06) is trading below our estimate of fair value ($40.93)
Significantly Below Fair Value: PEBK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PEBK is good value based on its PE Ratio (10.3x) compared to the US Banks industry average (10.8x).
PE vs Market: PEBK is good value based on its PE Ratio (10.3x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PEBK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PEBK's PB Ratio (1.1x) is in line with the US Banks industry average.
Future Growth
How is Peoples Bancorp of North Carolina forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.9%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Peoples Bancorp of North Carolina has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Peoples Bancorp of North Carolina performed over the past 5 years?
8.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PEBK has high quality earnings.
Growing Profit Margin: PEBK's current net profit margins (21.9%) are higher than last year (19.1%).
Past Earnings Growth Analysis
Earnings Trend: PEBK's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: PEBK's earnings growth over the past year (31.7%) exceeds its 5-year average (8.1% per year).
Earnings vs Industry: PEBK earnings growth over the past year (31.7%) underperformed the Banks industry 36%.
Return on Equity
High ROE: PEBK's Return on Equity (10.4%) is considered low.
Financial Health
How is Peoples Bancorp of North Carolina's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PEBK's Assets to Equity ratio (11x) is moderate.
Allowance for Bad Loans: PEBK has a sufficient allowance for bad loans (275%).
Low Risk Liabilities: 96% of PEBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: PEBK has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: PEBK's Loans to Deposits ratio (63%) is appropriate.
Level of Bad Loans: PEBK has an appropriate level of bad loans (0.4%).
Dividend
What is Peoples Bancorp of North Carolina current dividend yield, its reliability and sustainability?
2.51%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PEBK's dividend (2.51%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: PEBK's dividend (2.51%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: PEBK's dividend payments have been volatile in the past 10 years.
Growing Dividend: PEBK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.6%), PEBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
20.7yrs
Average board tenure
CEO
Lance Sellers (58 yo)
8.83yrs
Tenure
US$513,735
Compensation
Mr. Lance A. Sellers has been the Chief Executive Officer and President of Peoples Bancorp of North Carolina, Inc. since November 1, 2012. Mr. Sellers has been the Chief Executive Officer and President of...
CEO Compensation Analysis
Compensation vs Market: Lance's total compensation ($USD513.74K) is below average for companies of similar size in the US market ($USD1.10M).
Compensation vs Earnings: Lance's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: PEBK's board of directors are seasoned and experienced ( 20.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PEBK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Peoples Bancorp of North Carolina, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Peoples Bancorp of North Carolina, Inc.
- Ticker: PEBK
- Exchange: NasdaqGM
- Founded: 1912
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$156.655m
- Shares outstanding: 5.79m
- Website: https://www.peoplesbanknc.com
Number of Employees
Location
- Peoples Bancorp of North Carolina, Inc.
- 518 West C Street
- Newton
- North Carolina
- 28658
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 22:03 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.